Discover the latest updates from key companies that small businesses rely on for their technology and services. Meta, Mastercard, HP, and Apple have all made significant announcements in the past week that could impact your business.
Small Business News Roundup
SBA Recovery Centers in Hawaii Provide Assistance After Wildfires
The U.S. Small Business Administration (SBA) is offering essential services at its Recovery Centers in Hawaii to support businesses and individuals affected by recent wildfires and high winds. These centers ensure long-term recovery needs are met in the community.
Nominations Open for 2025 National Small Business Week Awards
The SBA is now accepting nominations for the 2025 National Small Business Week (NSBW) Awards. This annual event recognizes the achievements and resilience of small businesses and individuals who have benefited from SBA assistance.
HP Introduces Customizable Gaming Solutions at Gamescom 2024
HP Inc. has launched a new range of gaming products at Gamescom 2024 under its OMEN and HyperX brands, focusing on customization and performance in gaming hardware.
Apple Announces NFC In-App Transaction Capabilities for Developers
Developers will soon be able to offer NFC contactless transactions within their apps using Apple’s Secure Element, separate from Apple Pay and Apple Wallet, starting with iOS 18.1.
Meta Unveils Enhanced Threads Features for Creators and Businesses
Meta has introduced new features on its Threads platform to improve the user experience for creators and businesses, including insights, multiple draft saving, and scheduling functions.
Mastercard Expands Open Banking for Lending Program
Mastercard has enhanced its Open Banking for Lending program with new features in collaboration with Argyle, simplifying the lending process and empowering consumers with greater financial control.
IRS Issues Guidance on Employer Matching Contributions for Retirement Plans
The IRS has released interim guidance for businesses offering matching contributions based on employee student loan payments in retirement plans, aiming to clarify the rules outlined in Notice 2024-63.
Important Tax Deadline Reminder for Truckers and Bus Operators
Truckers and large bus operators have until September 3, 2024, to file Form 2290, the Heavy Highway Vehicle Use Tax Return, for vehicles first used in July 2024.
Microentrepreneurs Receive $7 Million in Business Grants
Low-income microentrepreneurs have been granted $7 million in business grants to support their ventures and economic growth.
Michigan Company Fined for Bid Rigging in Asphalt Industry
Asphalt Specialists LLC has been fined $6.5 million for participating in bid-rigging conspiracies related to asphalt paving services contracts in Michigan.
Ford and Mazda Issue ‘Do Not Drive’ Warnings for Vehicles with Recalled Air Bags
Ford and Mazda have issued urgent warnings for over 457,000 vehicles equipped with unrepaired Takata air bags, advising owners not to drive them until the air bags are replaced.